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PA Solar Economics
PA Solar Economics
Pennsylvania solar power projects derive their value from a range of sources, including:
  • Federal 30% Investment Tax Credit
  • 50% Bonus Depreciation of System
  • Energy savings over the useful life of the system
  • Sale of generated solar alternative energy credits (sAECs)

Select an icon below that best represents your commercial facility – total roof square footage – or energy usage in annual kilowatt-hours to generate a representative sample of a solar project either fully utilizing available space or closely meeting annual usage.

Solar projects can be scaled to suit any desired goal including capital expenditure, utility cost replacement or utilization of available space. If the illustrative results are compelling, please feel free to contact us for a customized assessment of your commercial opportunity.

TOTAL ROOF SQUARE FOOTAGE


Pennsylvania Solar Project Example
Physical Characteristics
Total Available Roof Space (Square Feet) Required 70,000-85,000
Viable Solar System Size 500kW
System Properties
Annual Energy Output (kWh) 600,000
Average Gross System Cost $2,375,000
Rebates, Tax Credits & Off-Set Values
Federal Investment Tax Credit (30% Cash Rebate for 2011) $712,500
Estimated Cash Value of 100% Bonus Depreciation (for 2011) $718,877
Off-Set Values
Estimated Annual Value of Avoided Utility Costs Year 1 $63,000
Estimated Annual Solar Renewable Energy Credit (sREC) Revenue Year 1 $60,000
Economic Values
Estimated Equipment Payback Period 6.0 Years - 8.0 Years
Estimated Financial Return on Investment 8%

 

ENERGY USAGE IN ANNUAL KILOWATT-HOURS


Pennsylvania Solar Project Example
Physical Characteristics
Total Energy Production Required (kWh) 800,000
Solar System Size Requirement 600kw
Total Available Roof Space (Square Feet) Required 80,000-100,000
Annual Energy Replacement Estimate 90%
System Properties
Annual Energy Output (kWh) 725,000
Average Gross System Cost $2,800,000


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